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Volume surge boosts OOCL revenue in second quarter

Greg Knowler, Senior Editor Europe |

The strong second-quarter performance is a clear indication of the financial rewards carriers are reaping from frontloading on the two main trades out of Asia.

  • Booking restrictions for India exports tighten amid rush
    Booking restrictions for India exports tighten amid rush
  • Port of Houston’s plan for third container terminal put on fast track
    Port of Houston’s plan for third container terminal put on fast track
  • EPA proposal likely to cut truck costs, but little impact expected on capacity
    EPA proposal likely to cut truck costs, but little impact expected on capacity
  • Oversupplied ocean carriers steaming toward excess capacity after 2026
    Oversupplied ocean carriers steaming toward excess capacity after 2026
  • Ship operators push ahead with slew of new MPV, car carrier orders
    Ship operators push ahead with slew of new MPV, car carrier orders
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Essential Reads

US truckload spot rates surpass COVID-19 highs under supply pressure

William B. Cassidy, Senior Editor, Trucking |

There’s little to no sign truckload rate hikes are slowing post-July 4, as tight capacity keeps pricing elevated headed into what’s typically a slower season.

Gemini begins 'gradual return' to Suez-Red Sea transits 

Greg Knowler, Senior Editor Europe |

The carrier called the move ‘a structural change’ but said contingency plans included a return to Africa transits should the security situation deteriorate.

Latest spike in spot rates could be last hurrah for trans-Pacific carriers

Bill Mongelluzzo, Senior Editor, Trans-Pacific |

With fresh capacity landing on the West Coast, sources say spot rates could start to soften after a four-month bull run driven by cargo frontloading and higher bunker fuel prices.

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